Darth_Raichu Posted January 28, 2021 Share Posted January 28, 2021 4 minutes ago, KShine said: Unless you sold already, you can still win the bet - This thing could still fly all over the place Yeah, I am letting this ride for a few days to see where the rollercoaster goes. I could doubled my money on KOSS this morning, but decided to ride the waves. Lets see if it was smart or dumb of me Quote Link to comment Share on other sites More sharing options...
joneyyy1981 Posted January 28, 2021 Share Posted January 28, 2021 forget the stocks, they pumping doge to $1 lol if they pull that off i'll take my hat off... 1 Quote Link to comment Share on other sites More sharing options...
dennugsmello Posted January 28, 2021 Share Posted January 28, 2021 2 hours ago, jaisonline said: The suits have gotten to Robin Hood. Oh boy. “Robinhood has made it unavailable to trade these r/wallstreetbets names. $GME, $BB, $NOK, $AMC.” AAL also up “huge”. This will be the straw that breaks the camels back. I've been in since the beginning and watching the manipulation is truly second level. Everyone should be prepared for what comes next as their is no putting this genie back in the bottle. This is a civilization altering event. 1 Quote Link to comment Share on other sites More sharing options...
Bricklectic Posted January 28, 2021 Share Posted January 28, 2021 Seems like the party is over. Unless there is another round of greater fools on their way. Quote Link to comment Share on other sites More sharing options...
Darth_Raichu Posted January 28, 2021 Share Posted January 28, 2021 3 minutes ago, Bricklectic said: Seems like the party is over. Unless there is another round of greater fools on their way. Quote Link to comment Share on other sites More sharing options...
Bricklectic Posted January 28, 2021 Share Posted January 28, 2021 I sold a 200/205 call spread yesterday for 325. Didnt trust Robinhood not to do something weird on me and closed out today at 465. Looks like it would have been a winner. Quote Link to comment Share on other sites More sharing options...
coelian Posted January 28, 2021 Share Posted January 28, 2021 (edited) The short interest in GME is still more than 100%, the party hasn't even started. Hedge funds are bleeding money trying to bring it down shorting further and keeping up with the interest payments. Edited January 28, 2021 by coelian Quote Link to comment Share on other sites More sharing options...
Bricklectic Posted January 28, 2021 Share Posted January 28, 2021 2 minutes ago, coelian said: The short interest in GME is still more than 100%, the party hasn't even started. Hedge funds are bleeding money trying to bring it down shorting further and keeping up with the interest payments. what do you envision the endgame to be? Lets say all the shorts give in hypothetically and buy back the stock sending it to 10,000$ a share. Then what? Its a 750$ billion company? We all know this ends terribly. Maybe today, maybe in a week. Get out while you can if you own. 1 Quote Link to comment Share on other sites More sharing options...
coelian Posted January 28, 2021 Share Posted January 28, 2021 1 minute ago, Bricklectic said: what do you envision the endgame to be? Lets say all the shorts give in hypothetically and buy back the stock sending it to 10,000$ a share. Then what? Its a 750$ billion company? We all know this ends terribly. Maybe today, maybe in a week. Get out while you can if you own. I have no clue what the endgame is like. Look in 08 there was 6% free float and 12% short and Porsche had >70% of the VW shares, during the squeeze it went up to 1000EUR. Now we are talking 150% short interest on all the floating shares, it's going to be catastrophic. I'm not sure if first the funds go down, then the brokers followed by the banks. Based on the current volume the time to cover is 6 days, there should be time to get out. Quote Link to comment Share on other sites More sharing options...
Darth_Raichu Posted January 28, 2021 Share Posted January 28, 2021 Going down... WHEEE !!!! Although I have done worse with LEGO sets as investment Quote Link to comment Share on other sites More sharing options...
coelian Posted January 28, 2021 Share Posted January 28, 2021 GME, BBY, BB and ATC all going wild today, little people vs the hedge funds.😁 who's gonna win? Quote Link to comment Share on other sites More sharing options...
Gonkalin Posted January 28, 2021 Share Posted January 28, 2021 It's the wild, wild, west gentlemen. Well the brokers limiting trading is total BS. To only let you sell NOK but not buy is BS. 1 Quote Link to comment Share on other sites More sharing options...
TANV Posted January 28, 2021 Share Posted January 28, 2021 This is definitely has the sparks of a revolution. A lot of the anger hasn't been forgotten with what happened in 2008. It is galling to see how the brokerage firms, hedge funds, and the media are all in on it against the common people. Oh, it's all right if hedge funds short positions and make money on them, driving companies lower and possibly out of business. But when a bunch of normal people band together and cause them to lose billions, WE NEED REGULATION NOW! WAH WAH! Give me a break. 5 Quote Link to comment Share on other sites More sharing options...
coelian Posted January 28, 2021 Share Posted January 28, 2021 regulation yes for sure, how the f is it possible to short a company more than 100%?? That should be regulated, and it's ridiculous some apps are not allowing people to buy stocks now. I wasn't really affected during the GFC, had a stable job bought my place on the cheap and paid most of my mortgage with super low interest rates. I do remember when I was in the US for work I did see the foreclosed houses, there is a lot of pent up anger I'm sure as seen on the many stories on wsb. Quote Link to comment Share on other sites More sharing options...
Alpinemaps Posted January 28, 2021 Share Posted January 28, 2021 I don’t normally follow/talk stocks but this has been fascinating to watch. I hope this continues. It definitely stinks up the joint as it gets exposed. 1 Quote Link to comment Share on other sites More sharing options...
marcandre Posted January 28, 2021 Share Posted January 28, 2021 Just now, Alpinemaps said: I don’t normally follow/talk stocks but this has been fascinating to watch. I hope this continues. It definitely stinks up the joint as it gets exposed. I'm with you. GME just took a massive dump but is now climbing again. Reading the reddit group is wild. Very entertaining. 1 Quote Link to comment Share on other sites More sharing options...
CosmicSpeed Posted January 28, 2021 Share Posted January 28, 2021 (edited) 2 minutes ago, Alpinemaps said: I don’t normally follow/talk stocks but this has been fascinating to watch. I hope this continues. It definitely stinks up the joint as it gets exposed. SAME. I had 0% knowledge and now I feel like i know maybe 0.01% about it. Although, Robinhood cutting off all those stocks is pretty bad if I am reading this correctly. How can that even be fair market? Edit Apparently Canadians and others outside the US are still available to buy the stock. This is insane to watch. Edited January 28, 2021 by CosmicSpeed 1 Quote Link to comment Share on other sites More sharing options...
marcandre Posted January 28, 2021 Share Posted January 28, 2021 2 minutes ago, CosmicSpeed said: Although, Robinhood cutting off all those stocks is pretty bad if I am reading this correctly. How can that even be fair market? Seems like they rigged it. Some real horse**** going on. Quote Link to comment Share on other sites More sharing options...
CosmicSpeed Posted January 28, 2021 Share Posted January 28, 2021 Just now, marcandre said: Seems like they rigged it. Some real horse**** going on. 6 Quote Link to comment Share on other sites More sharing options...
dennugsmello Posted January 28, 2021 Share Posted January 28, 2021 Just now, marcandre said: Seems like they rigged it. Some real horse**** going on. I'm telling you guys. This is a Civilization changing event. It will not be ripples but waves. 1 Quote Link to comment Share on other sites More sharing options...
BillyBricks Posted January 28, 2021 Share Posted January 28, 2021 Feel free to send me some of your proceeds as I have no BTC: https://winklevoss-brothers-bit.blogspot.com/ Quote Link to comment Share on other sites More sharing options...
keymomachine Posted January 28, 2021 Share Posted January 28, 2021 This is all I have to add. 1 1 Quote Link to comment Share on other sites More sharing options...
Darth_Raichu Posted January 28, 2021 Share Posted January 28, 2021 F this. Now I hate not buying GME at $130ish earlier today. Quote Link to comment Share on other sites More sharing options...
BricksBrotha Posted January 28, 2021 Share Posted January 28, 2021 (edited) 2 hours ago, joneyyy1981 said: forget the stocks, they pumping doge to $1 lol if they pull that off i'll take my hat off... well... up 150% for the day from below .001 to currently trading at .19-.20 cents Edited January 28, 2021 by BricksBrotha Quote Link to comment Share on other sites More sharing options...
Darth_Raichu Posted January 28, 2021 Share Posted January 28, 2021 54 minutes ago, CosmicSpeed said: Apparently Canadians and others outside the US are still available to buy the stock. This is insane to watch. Damn, I always forgot about overseas money. We are going global WHEEE !! Quote Link to comment Share on other sites More sharing options...
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